image

Br Headline Con

March 4, 2010

Bridgepoint Continues to Build Market Momentum

Filed under: Mentus — leasa @ 1:38 pm

Mentus client, Bridgepoint Education, posted Q4 earnings that more than tripled on a near doubling of revenue and a jump in margins.

In addition, the company’s outlook for the year encouraged investors that the market for online education has yet to reach its apex. Bridgepoint expects 2010 earnings between $1.86 and $1.88 a share on revenue of $688.2 million to $691.2 million, compared with analysts’ average forecasts of $1.62 and $629 million, respectively, according to Thomson Reuters.

Shares in Bridgepoint, which went public in April, closed Monday at $17.99 — its IPO price was $10.50.

For more information about Bridgepoint: http://ir.bridgepointeducation.com/index.cfm